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Seeds Of Faith Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 261306172 ✦ Somersworth, NH ✦ Designated as a 501(c)(3)

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Overview

What is Seeds Of Faith Inc?

Seeds of Faith Inc, located at 21 Grand Street, Somersworth, NH 03878, is a compassionate nonprofit organization dedicated to alleviating poverty, distress, and underprivileged circumstances. Their mission encompasses offering relief, nurturing those in need, providing for the hungry, and offering hope to the hopeless. The nonprofit aims to make a difference in people's lives one by one, working tirelessly to uplift the community and improve living conditions for the less fortunate. With a team of 21 dedicated individuals, Seeds of Faith Inc plays a crucial role in fostering hope and providing essential support to those in need.


Official website here: www.seedsoffaithministries.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 84% (Three-Star out of Four Stars)

Seeds Of Faith Inc has achieved an overall score of 84%, which reflects a balanced assessment of the charity's performance across various metrics. The Accountability & Finance score stands at 76%, indicating a good level of transparency and financial management. Notably, the organization boasts a 100% independent board, illustrating strong governance practices.

In terms of its impact, Seeds Of Faith Inc excels with an impressive Impact & Measurement score of 93%. This suggests that the charity is effective in measuring its outcomes and demonstrating its influence in the community. Additionally, it has received top marks for Culture & Community, Leadership, and Adaptability, showcasing a robust organizational structure and a commitment to community engagement.

However, there are areas for improvement, particularly regarding governance policies. The absence of a conflict of interest policy, whistleblower policy, and document retention and destruction policy indicates potential gaps in organizational practices. Addressing these limitations could enhance their accountability and further strengthen their standing as a trusted nonprofit.


This AI summary has been generated from information found on Charity Navigator.

Is Seeds Of Faith Inc legitimate?

Seeds Of Faith Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Seeds Of Faith Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $52,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $243,524

For more financial information, click here


Official website here: www.seedsoffaithministries.org

What is the mission statement of Seeds Of Faith Inc?

Seeds of Faith Inc's mission is centered around providing aid to those in need. The organization aims to offer relief to the impoverished, distressed, and underprivileged individuals. Their objective is not only to help but also to nurture these individuals, providing them with the necessary support. A significant part of their mission involves feeding the hungry and offering hope to the hopeless. Their ultimate goal is to make a meaningful impact in people's lives, one by one.


Official website here: www.seedsoffaithministries.org

Who is the CEO of Seeds Of Faith Inc?

Theresa Tozier is the Executive Di of Seeds Of Faith Inc.


Official website here: www.seedsoffaithministries.org

What is the revenue of Seeds Of Faith Inc?

Seeds Of Faith Inc's revenue in 2022 was $559,032.


Official website here: www.seedsoffaithministries.org

Who are the executives of Seeds Of Faith Inc and what are their salaries?

The average compensation at Seeds Of Faith Inc during 2022 was $14,073. There are 21 employees at Seeds Of Faith Inc.


Here are 5 key members and their salaries:


Theresa Tozier (Executive Di)
  • Compensation: $52,000
  • Related: $0
  • Other: $0
Amanda Chappell (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Ferreira (Trustee/Dire)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Tozier (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ramona Valdez (President/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.seedsoffaithministries.org

Where can I find the form 990 for Seeds Of Faith Inc?

Seeds Of Faith Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.seedsoffaithministries.org

Learn more at the official website: www.seedsoffaithministries.org

Mission Statement of Seeds Of Faith Inc

Seeds of Faith Inc, as a nonprofit organization, is dedicated to making a significant impact in the lives of the less fortunate, distressed, and underprivileged individuals. Their mission is multifaceted, encompassing the provision of relief, nurturing, and hope. They strive to alleviate hunger by feeding those in need, and offer a glimmer of hope to the hopeless. Their goal is to make a difference, one life at a time. By helping those in need, Seeds of Faith Inc aims to contribute to a more compassionate and equitable society.

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Impact




July, 2024

Seeds Of Faith Inc is making a significant impact by providing relief to the poor, distressed, and underprivileged individuals in the community. Through their efforts, they are helping to nurture those in need, feed the hungry, and give hope to the hopeless. Their mission to make a difference one life at a time is evident in the tangible assistance and support they offer to those facing difficult circumstances. Seeds Of Faith Inc is truly embodying their tag of "Human services" by addressing crucial social issues at a grassroots level.




This information is meant to be a general summary of Seeds Of Faith Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$559,032 (2022)
Expenses
$605,968 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $194
  • Program Service Revenue: $85,578
  • Gross Receipts: $563,286

Assets and Liabilities:

  • Total Assets: $1,446,490
  • Total Liabilities: $217,316
  • Net Assets: $1,229,174

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

LYDIA'S HOUSE OF HOPE

Revenue

$38,076

GRACE HOUSE

Revenue

$24,875

MOONLIGHT GALA

Revenue

$22,627

Organization Details

Founding Year

2007

Principal Officer

Theresa Tozier

Main Address

21 GRAND STREET, SOMERSWORTH, NH, 03878

NTEE Category

Code: P60 - Human services

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